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they all made in america. are welcome to the kaiser report you know and watch the world suffered a major banker infestation everywhere you walk you step and banker fraud dropping stinking up the global economy. well we're going to talk about some ideas and stories that may actually help eradicate this unsanitary infestation problem stacy herbert yes max the banking rats are all over the place but their days may be numbered peer to peer lending boom could make banks obsolete the rise of peer to peer lender such as zopa and funding circle which directly match up for rooms in need of cash with investors and so-called crowd funding where small amounts are resort a large number of funders will challenge the nation's major financial institutions according to andrew haldane the bank's director of financial stability of course well the internet which makes this possible has been highly disruptive to a number of different industries the banks have been caught doing all kinds of bad things so the market is taking the in
they all made in america. are welcome to the kaiser report you know and watch the world suffered a major banker infestation everywhere you walk you step and banker fraud dropping stinking up the global economy. well we're going to talk about some ideas and stories that may actually help eradicate this unsanitary infestation problem stacy herbert yes max the banking rats are all over the place but their days may be numbered peer to peer lending boom could make banks obsolete the rise of peer to...
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the world is still none the wiser as to whether america can wrestle a solution to its imminent fiscal cliff which could have far reaching ramifications president obama has charged democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties fail to find a way forward obama says he will call a vote in congress to stop the tax rises if they car work it and. the victim of a gang rape on a bus that triggered violent protests in india has died in a singapore hospital her body is expected to be flown back to india later on saturday the twenty three year old student was beaten and suffered massive internal injuries before being thrown out into the road attack course deep outrage in new delhi with widespread demonstrations taking place to call for greater protection for women. italy's outgoing prime minister says he will lead a coalition of centrist parties after february's parliamentary elections omarion monti is not ruling out a return as head
the world is still none the wiser as to whether america can wrestle a solution to its imminent fiscal cliff which could have far reaching ramifications president obama has charged democratic and republican senate leaders with finding a compromise to the budget impasse a raft of tax hikes and social spending cuts come into force automatically on new year's day if the two political parties fail to find a way forward obama says he will call a vote in congress to stop the tax rises if they car work...
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coming on and breaking it down give us a little light on the top five most influential people or to america it really is there. all right so one of the biggest movies being lauded in two thousand and twelve was the long awaited zero dark thirty a sebastian bash action thriller film supposedly portraying a real time account of the seal team raid that killed osama bin ladin now director kathryn bigelow made a huge splash at the two thousand and ten academy awards for her movie hurt locker which depicted soldiers fighting in iraq. the oscar winning film is revered by conservatives and antiwar liberals alike for its balanced and realistic tone but in reality the movie is just a clever form of pro military propaganda portray an imaginary superhero like character wearing a bomb protection suit his sole job was to defuse ids from military zones now zero dark thirty is bigelow's follow up film check out the trailer. and i want to see my . little. girl in the saloon. so now will know what actually happened that day i've been waiting for this for so long because you know recent news revealed that all
coming on and breaking it down give us a little light on the top five most influential people or to america it really is there. all right so one of the biggest movies being lauded in two thousand and twelve was the long awaited zero dark thirty a sebastian bash action thriller film supposedly portraying a real time account of the seal team raid that killed osama bin ladin now director kathryn bigelow made a huge splash at the two thousand and ten academy awards for her movie hurt locker which...
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america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly. i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it something like the fiscal cliff minimizes the yes and no i definitely agree that it's a complex problem i don't think it simplifies it though i think it adds an element of panic or fear looming. doom and the media loves that yeah i do think there's actually something to worry about or do you think it's something the politicians and the media used to distract us from what's really going on politics and media for sure so what's really going on that they're distracting us from. their own personal agendas if they're not really trying to work together there are three business channels we're in twenty four h
america is about to go over the fiscal cliff are you worried what should we do about it this week let's talk about that do you know the fiscal cliff. do you think a lot of americans do you know so then why is the media talking about it incessantly. i i guess i have not as informed as i should be but i just kind of figure it might work out do you think most people feel that way you know even most the word i think they are and i think that if i ignored it all go away do you think calling it...
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ration through workers' rights evisceration through the vilification of workers and labor in america to get to the point where we have chinese slave wages in america yes that's what we needed to do thank you now we have a prison state that's growing by leaps and bounds and prison labor for the same out there making over in china fantastic so kevin nolan the vice president of technology found that the jews spring suffered from advanced technology version of ikea syndrome it was so hard to assemble that no one in the big room wanted to make it instead they redesigned it the team eliminated one out of every five parts it cut the cost of the materials by twenty five percent so they point out that a funny thing happened to geo spring on the way from the cheap chinese factory to the expensive kentucky factory the material cost went down the labor required to make it went down the quality went up even the energy efficiency went out you know they had designed this product in the united states for years and they sent the product design to china but what they found was that you know in the beg
ration through workers' rights evisceration through the vilification of workers and labor in america to get to the point where we have chinese slave wages in america yes that's what we needed to do thank you now we have a prison state that's growing by leaps and bounds and prison labor for the same out there making over in china fantastic so kevin nolan the vice president of technology found that the jews spring suffered from advanced technology version of ikea syndrome it was so hard to...
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may have thought they were just talking showing off playing grandstanding politically as we say in america but these words have consequences they had that they feel all this new cold war atmosphere which is enveloping the relationship between our two countries it's going to affect american relations with russia regarding afghanistan regarding missile defense regarding syria regarding iran these are very serious matters obama has continued the policy toward moscow begun by president clinton a democrat and continued by president bush a republican that policy is advancing nato toward russia's borders building missile defense on russia's borders interfering in russia's internal politics most recently the street demonstrations this is the same policy that began twenty years ago with the soviet union the fundamental american policy toward russia has not changed so it's ridiculous to call lama soft on moscow i mean just because two leaders get together as they always do and say we are friends it doesn't mean anything in reality yours is that the partnership we need between washington and moscow t
may have thought they were just talking showing off playing grandstanding politically as we say in america but these words have consequences they had that they feel all this new cold war atmosphere which is enveloping the relationship between our two countries it's going to affect american relations with russia regarding afghanistan regarding missile defense regarding syria regarding iran these are very serious matters obama has continued the policy toward moscow begun by president clinton a...
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supporting the rebels as one thing they by putting spokes in assad's wheels it is another america has been demanding iraq a socialist syria ban planes for weapons going so far as to call the need to ground all passim jets budget to washington's dismay baghdad hasn't been all that enthusiastic about my reports. as the syrian government struggles to stay in power fighting against rebels that by the west america is also attempting to suffocate the alleged weapons flying into damascus washington accuses iran of being the key arms supplier to assad forces and to stop the transfer the u.s. is now reportedly demanding that baghdad inspect planes flying from iran over its airspace into syria and the american government unfortunately. very strong rule in many other countries this is just one more amazing thing you. see that they can control flights over countries in force. force and. by doing so the u.s. has created something of a paradox forcing iraq to prevent iran from dealing with syria by bringing up this issue of so-called weapons applauds it's just another way to pressure the baghdad re
supporting the rebels as one thing they by putting spokes in assad's wheels it is another america has been demanding iraq a socialist syria ban planes for weapons going so far as to call the need to ground all passim jets budget to washington's dismay baghdad hasn't been all that enthusiastic about my reports. as the syrian government struggles to stay in power fighting against rebels that by the west america is also attempting to suffocate the alleged weapons flying into damascus washington...
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as the syrian government struggles to stay in power fighting against rebels backed by the west america is also attempting to suffocate the alleged weapons flying into damascus washington accuses iran of being the key arms supplier to assad forces and to stop the transfer the us is now reportedly demanding that baghdad inspect planes flying from iran over its airspace into syria and their american government unfortunately. very strong rule in many other countries this is just one more example amazing thing is that the american government is saying that they can control flights over countries and force. forces. by doing so the u.s. has created something of a paradox forcing iraq to prevent iran from dealing with syria by bringing up this issue of so-called weapons applied to just another way to pressure the baghdad regime united states feel that it's not invested blood and treasure in terms of overthrowing saddam hussein that it has the right if not the obligation to then order the internal affairs of the baghdad regime obviously. objects to this kind of approach and i daresay that the i
as the syrian government struggles to stay in power fighting against rebels backed by the west america is also attempting to suffocate the alleged weapons flying into damascus washington accuses iran of being the key arms supplier to assad forces and to stop the transfer the us is now reportedly demanding that baghdad inspect planes flying from iran over its airspace into syria and their american government unfortunately. very strong rule in many other countries this is just one more example...
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people who've been winning for the last several decades and that's the extremely wealthy people in america i mean right now the whole debate and center around just how many wealthy people are going to get the bush tax cuts and we've seen that the president for about four years has said he's not going to cave on two hundred fifty thousand dollars threshold we saw him cave about two years ago on that and he appears to be ready to cave on that it did even though there seem to have been a whole election where this was a main issue also you mentioned capital gains and dividends these were these are these are taxes usually paid by the extremely wealthy people in society people like mitt romney and such there that rate was supposed to go up to normal income about thirty nine point six percent it's up fifteen now it's only going to go up to twenty percent so that's another massive tax cut for them nowhere in here do you see anything about carried interest which is another one of those things that warren buffett mitt romney don't pay taxes on that's not even on the table this carried interest looph
people who've been winning for the last several decades and that's the extremely wealthy people in america i mean right now the whole debate and center around just how many wealthy people are going to get the bush tax cuts and we've seen that the president for about four years has said he's not going to cave on two hundred fifty thousand dollars threshold we saw him cave about two years ago on that and he appears to be ready to cave on that it did even though there seem to have been a whole...
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was determined to maintain at all costs to a degree located halfway between north america and western europe bergen archipelago is part of norway but a special status that allows other countries to set up industrial bases here in the middle of the cold war it served as the us is ours westernmost outpost now it's one of the soviet union's last preserved relics. is essentially a picture of what would have happened to the soviet union if it was cut off from any financial support for two decades is a curious site for western tourists and i think it could be even more appealing for russian travellers the local administration is increasingly under pressure to bring the infrastructure up to more than standards these modernization efforts are not very popular with tourist operators if you come into a very authentic place like. it should stay the way it is that would be my wish i mean that's the part of the you know authentic tradition here. i should not i would not like to have it in a shiny condition to be honest this time to change even for the better is not always good for business somethi
was determined to maintain at all costs to a degree located halfway between north america and western europe bergen archipelago is part of norway but a special status that allows other countries to set up industrial bases here in the middle of the cold war it served as the us is ours westernmost outpost now it's one of the soviet union's last preserved relics. is essentially a picture of what would have happened to the soviet union if it was cut off from any financial support for two decades is...
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of bank of america which now owns countrywide. for the simple reason that they want to get his opinion on whether or not bank of america should be liable for the the mistakes that countrywide made so they they fought the effort to get. morning and to pose for a long long time and then they finally did get to depose him in the spring of last year and it just only only just became public deposition and in this deposition morning and literally says that he does not recall the acquisition of countrywide. you know it's only the biggest and most important acquisition in the history of the company but as c.e.o. it just somehow kind of slipped his mind you know looking at this crisis now over four or five years into it and it's almost like they have to compare it or make the comparison to vietnam you know this is america's new vietnam you know that war america was unable to get out of it and they blew an entire generation thousands died and trillions spent and now you've got a new vietnam it's called the banking crisis the bankers are in
of bank of america which now owns countrywide. for the simple reason that they want to get his opinion on whether or not bank of america should be liable for the the mistakes that countrywide made so they they fought the effort to get. morning and to pose for a long long time and then they finally did get to depose him in the spring of last year and it just only only just became public deposition and in this deposition morning and literally says that he does not recall the acquisition of...
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well they may not be able to come together to solve america's financial problems a blood senator is on capitol hill sure let his i gotta be bygones when they all sat down together to watch the new lincoln movie on the taxpayers' dime none the less so why are we paying for our lawmakers to kick back over a bowl of popcorn. and get ready for another feis of side congress gets ready to head home for the holidays but before they go a couple of senators are trying to sneak a surveillance bill into legislation with just meat what this bill means for your privacy just ahead. it's thursday december twentieth four pm here in washington d.c. i'm liz wall and you're watching our t.v. . we'll begin this hour with wiki leaks founder julian assange just moments ago a songe stepped onto the balcony of the ecuadorian embassy in london to address a crowd of some supporters yesterday mark six months since a songe first made his way to the embassy after being granted asylum by the ecuadorian government today he said on the balcony giving a roundup of some of wiki leaks memorable moments in two thousand a
well they may not be able to come together to solve america's financial problems a blood senator is on capitol hill sure let his i gotta be bygones when they all sat down together to watch the new lincoln movie on the taxpayers' dime none the less so why are we paying for our lawmakers to kick back over a bowl of popcorn. and get ready for another feis of side congress gets ready to head home for the holidays but before they go a couple of senators are trying to sneak a surveillance bill into...
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simply there are no net profits but net profits are what are promised like art buchwald from coming to america the movie made hundreds of millions but he never got a nickel because there was never any net profits that was the hollywood accounting that was made famous by the schmucks and the charlatans and harley and hollywood now it's a global accounting phenomenon george osborne ben bernanke wall street they all they all want to piece of skull and join hands and slow play now to be clear here what hollywood accounting is and i used to work in hollywood so i know this is these big entertainment conglomerates basically for example the music music industry used to make money but they would hide all the profits in the losing sector or.
simply there are no net profits but net profits are what are promised like art buchwald from coming to america the movie made hundreds of millions but he never got a nickel because there was never any net profits that was the hollywood accounting that was made famous by the schmucks and the charlatans and harley and hollywood now it's a global accounting phenomenon george osborne ben bernanke wall street they all they all want to piece of skull and join hands and slow play now to be clear here...